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    IDFC FIRST Bank enables Direct Tax payments through UPI, cards, net banking and branches
    Sensex slumps 1,248 pts as IRDAI proposal hits financial shares; rising crude, US yields weigh
    Bajaj Finance Personal Loan Offers Rs. 40,000 to Rs. 55 Lakh with Tenures up to 108 Months
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September 24, 2026
Show AI Summary
Direct tax payment gateway integration enables nationwide payments through digital options, branch channels, and customers' respective internet-banking services.
IDFC FIRST Bank's payment-gateway integration for Central Board of Direct Taxes collections enables Direct Tax payments through UPI, credit cards, debit cards, Retail and Corporate Internet Banking, and branch-based cheque, demand draft, or cash payments. Customers of other banks may use their own internet-banking facilities through the gateway. Taxpayers create a challan on the Income Tax e-Filing Portal, select Payment Gateway and IDFC FIRST Bank, choose a payment mode, complete payment, and download or print the paid challan. Payment confirmations are also accessible.
September 24, 2026
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Insurance distribution controls target commissions, expenses and loan-linked sales, reshaping bancassurance arrangements and intermediary remuneration structures.
IRDAI's consultation proposals for insurance distribution contemplate lower Expenses of Management limits, tighter commission controls, and greater control over loan-linked insurance practices. The prospective framework concerns insurer and intermediary remuneration, distribution expenses, and bancassurance fee structures. Reported concerns centre on potential effects on insurer earnings, intermediary economics, and lending-linked distribution arrangements; the measures are not described as final operative obligations or enforcement action.
September 24, 2026
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Personal loan eligibility and repayment planning: loan variants and digital applications remain subject to assessment, verification, and applicable terms.
Eligible customers may seek collateral-free personal loans within stated amount, tenure and interest-rate ranges. Loan amount, interest rate and tenure determine the EMI and total interest payable, while calculator results are estimates rather than final repayment obligations. Eligibility includes nationality, age, employment and credit-score conditions, but approval, final pricing and loan amount remain subject to lender assessment, document verification and applicable terms. Online applications require personal, financial and employment details and KYC verification.
September 24, 2026
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Nidhi company deposits lack insurance protection, requiring verification of government declaration before relying on high-return promises.
Each company seeking to function as a Nidhi must file Form NDH-4 for declaration or updated Nidhi status and comply with the Companies Act, 2013 and applicable Nidhi Rules. Nidhi companies may accept deposits and grant loans only to members. Public investors should verify declared Nidhi status rather than rely on unusually high-return promises, agent representations, or informal assurances. Deposits with Nidhi companies are not insured by the Deposit Insurance and Credit Guarantee Corporation, and recovery may be difficult where a company fails or fraud occurs.
September 24, 2026
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FCNR(B) liquidity deployment remains within banks' discretion, guided by credit pipelines, asset-liability positions, and prudent underwriting standards.
Banks retain full discretion to deploy liquidity mobilised through FCNR(B) deposits, based on their credit pipeline, lending proposals, liquidity outlook and asset-liability position. No sector-specific direction applies to use of these funds. FCNR(B) deposits are fixed-term foreign-currency deposits in which principal and interest are repayable in the same foreign currency, protecting non-resident depositors from direct rupee exchange-rate risk. Continued prudent credit appraisal and underwriting standards are expected.
September 24, 2026
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Compulsory Muslim marriage registration shifts registration to registrars under a statewide procedural framework, with local officials authorised when needed.
Compulsory registration of Muslim marriages will operate under the Assam Muslim Marriage Registration (Compulsory) Rules, 2026, framed under the Assam Compulsory Registration of Muslim Marriage and Divorces Act, 2024. Registration will be undertaken by registrars, with panchayat-level officials potentially authorised where application volumes require additional capacity. The framework addresses the registration forum after kazis were barred from registering Muslim marriages.
September 24, 2026
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Macroeconomic resilience supports fiscal consolidation, financial-sector stability, and orderly foreign-exchange management through persistent global and market shocks.
Policy management emphasises clear communication, policy certainty, macroeconomic and financial-sector stability, efficient use of buffers, and sustained structural reform. Fiscal prudence is treated as necessary to avoid unsustainable stimulus and preserve long-term stability. External-sector resilience rests on services exports and remittances, while oil and gold shocks and weaker capital inflows have created temporary balance-of-payments pressure. Further improvement is linked to lower oil dependence, export diversification, trade agreements, capital inflows and orderly foreign-exchange market management.
September 24, 2026
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Software export growth strengthens IT ecosystem as campus expansion supports startup activity, infrastructure development, and skilled employment.
Software export revenue generated by Technopark reached Rs 17,092 crore in FY 2025-26, reflecting year-on-year growth of approximately 17.3 per cent. Growth is attributed to IT infrastructure, a skilled talent base, and company performance. Technopark also operates as an IT and ITeS hub and startup ecosystem centre, with ongoing campus development intended to expand its position among major IT hubs.
September 24, 2026
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Artificial intelligence centre of excellence partnership advances industry-aligned training, supervised internships, startup mentorship, and applied research collaboration.
IIEST Shibpur and Tata Consultancy Services have entered into a Memorandum of Understanding to establish an Artificial Intelligence Centre of Excellence at the Electrical Engineering Department's high-performance computing laboratory. The collaboration supports industry-aligned training, professional certifications, practical projects, supervised internships, startup mentorship, curriculum benchmarking, and applied research in natural language processing, computer vision, image processing, and advanced data analytics.
September 24, 2026
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Money-laundering searches prompt protests over alleged political misuse while operations continue at public development offices and residences.
Enforcement Directorate search and survey operations connected with a money-laundering investigation continued at development authority offices and premises linked with housing administration, a realty company, and private residences. AAP workers protested against the searches, alleging political and administrative pressure through central investigative agencies. The party further alleged that the operations could disrupt the development authority's functioning and impede Punjab government welfare schemes.
September 24, 2026
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Money-laundering investigation procedure raises allegations over FIR registration, conflict concerns, and the choice between police, vigilance, or federal inquiry.
A police inquiry, rather than a Vigilance inquiry, was directed following an Enforcement Directorate communication seeking registration of an FIR for cognizable offences. It was contended that FIR registration should be dealt with by the police and that governmental or ministerial intervention would raise concerns where a person facing allegations is involved in deciding the investigative course. A transfer to a federal investigative agency was sought on grounds of investigative independence and perceived conflict of interest.
September 24, 2026
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Trade truce extension maintains tariff pauses and export-restriction rollbacks while negotiations continue on broader economic commitments.
United States-China trade relations may remain governed by the Busan Agreement through January 10 under a stated two-month extension, though Chinese official confirmation is pending. The arrangement maintains pauses on elevated tariffs and prior rollbacks of restrictions affecting critical minerals and high-technology exports. Negotiations may produce a broader economic package or further continuation of existing terms, while implementation of agreed commitments is under review. The parties have also proposed reciprocal alerts on AI-related hacking incidents involving national-security concerns.
September 24, 2026
Show AI Summary
Gold Smuggling Enforcement: Concealed foreign-origin gold recovered from vehicles and a traveller, with arrests under customs law.
Gold-smuggling enforcement involved the seizure of approximately 21 kg of foreign-origin gold in two operations and the arrest of five persons under the Customs Act, 1962. Gold bars were recovered from sophisticated vehicle-chassis cavities, while gold bars and cut pieces were recovered from a passenger's specially designed cotton waist belt. The operations concerned suspected cross-border gold movement and targeted organised smuggling networks using sophisticated concealment methods.
September 24, 2026
Show AI Summary
Cross-border gold smuggling enforcement resulted in Customs Act seizures after coordinated recovery of foreign-origin gold from border locations and a passenger.
Cross-border smuggling of foreign-origin gold through the Bangladesh route led to coordinated recoveries and seizures under the Customs Act, 1962. Gold recovered near the India-Bangladesh border was taken over for customs proceedings, including a seizure under Section 110. Foreign-origin gold concealed by a train passenger was also recovered and seized, with investigation indicating its smuggling from Bangladesh.
September 24, 2026
Show AI Summary
BRICS tax cooperation creates standing platforms for international taxation, revenue statistics, professional capacity building and peer learning.
India-led BRICS tax cooperation established standing Working Groups on International Taxation and Transfer Pricing and Revenue Statistics, providing institutional platforms extending beyond individual Chairships. It also institutionalised an annual Young Tax Professionals Capacity Building Programme, launched the BRICS Tax Cross-Learning Lab for peer learning on client-centric administration and human-resources practices, and approved the Terms of Reference for the BRICS Tax Support Network.
September 24, 2026
Show AI Summary
Wildlife trafficking enforcement applies protected-species safeguards to seized Tokay Geckos and enables further statutory action against suspected illegal trade.
Wildlife-trafficking enforcement led to interception of two persons and seizure of 86 live Tokay Geckos under the Wildlife (Protection) Act, 1972. Tokay Geckos receive Schedule I protection under that legislation and are listed in Appendix II of CITES, regulating international trade. The persons and recovered geckos were transferred to the Mariani Range Forest Office for further action.
September 24, 2026
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Restricted firecracker imports concealed through misdeclaration trigger seizure and criminal investigation under customs enforcement law.
Concealment of restricted firecrackers within an import container declared as bottles and wallpaper resulted in customs seizure under the Customs Act, 1962. Firecracker imports are restricted under the Foreign Trade Policy and require valid Directorate General of Foreign Trade authorisation and a Petroleum and Explosives Safety Organisation licence under the Explosives Rules, 2008. Investigation into attempted clandestine clearance led to the arrest under the Customs Act of a key syndicate member alleged to have orchestrated the import.
September 24, 2026
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Merger-control approval permits FIHM's phased acquisition of IIFL Capital Services equity through subscription, open offer and promoter purchase.
Merger-control approval permits FIHM to acquire certain additional equity share capital of IIFL Capital Services through a preferential issue on a private-placement basis and through shares tendered in a mandatory open offer. FIHM may also buy shares from the target's promoters if its aggregate shareholding with HWIC remains below the Target Shareholding after these steps.
September 24, 2026
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Full ownership acquisition in beauty and personal care receives competition approval for skin care and hair care operations.
Competition approval covers L'Ore al India Private Limited's acquisition of the entire shareholding in Onesto Labs Private Limited. The proposed combination concerns India's beauty and personal care sector and places the Target under the Acquirer's full ownership. Both entities operate in beauty and personal care products, including skin care and hair care.
September 23, 2026
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Advance disbursement of central government pay addresses anticipated banking disruption, with subsequent adjustment against the following month's entitlements.
Advance disbursement of September 2026 salary, wages and pensions is authorised on 25 September for central government employees, industrial employees and pensioners because of the proposed bank strike. Payments constitute advance payments and must be adjusted after full monthly entitlements are determined, with any adjustment made from October salary or wages. End-of-month banking transactions should, where feasible, be processed in advance.

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AP Analysis: Iran talks tough, launches missile all while seeking new nuclear deal with US

May 5, 2025

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Dubai, May 5 (AP) Iran is talking tough — while still wanting to talk more with the United States over a possible nuclear deal.

In the last days, Tehran has backed an attack by Yemen's Houthi rebels that slipped through Israel's missile defences to strike near Ben-Gurion International Airport.

It aired footage of its own ballistic missile test while defence minister called out threats by US Defence Secretary Pete Hegseth against the Islamic Republic. And an organisation linked to its paramilitary Revolutionary Guard unveiled a new mural with a map of Israel overlaid by possible missile targets in the shape of a Yemeni jambiyya, an ornamental dagger worn by Yemeni men.

But all the while, Iran maintains it wants to reach a nuclear deal with the US after talks scheduled to take place last weekend in Rome didn't happen.

That's even as Trump administration officials continue to insist that Tehran must give up all its ability to enrich uranium in order to receive sanction relief — something Iran repeatedly has said is a nonstarter for the negotiations.

Israel-Hamas war changes equation for Iran All this together can feel contradictory. But this is the position where Iran now finds itself after having been ascendant in the Mideast with its self-described “Axis of Resistance,” countries and militant groups finding common cause against Israel and the US.

That changed with the attack by the Palestinian militant group Hamas on Israel on October 7, 2023, which killed some 1,200 people and saw 250 others taken hostage back to the Gaza Strip.

Israel launched a devastating war on Hamas in Gaza that rages on even today — and may be further escalating after Israel approved plans Monday to capture the entire Gaza Strip and remain there for an unspecified amount of time.

Israel's war has killed more than 52,000 people in Gaza, many of them women and children, according to Palestinian health officials, who do not distinguish between combatants and civilians in their count.

In the course of the war, Hamas, Lebanon's Hezbollah and other Iran-backed militants have been beaten back by Israeli attacks. Syrian President Bashar Assad, long backed by Iran, saw his family's over 50-year rule end in December as rebels swept the country.

That's left Iran with just Yemen's Houthi rebels, though they too now face an intensified campaign of strikes by the Trump administration.

Iran carefully applauds Houthi strike on Israel The strike Sunday on Ben-Gurion repeatedly earned highlights in Iranian state media. However, Iran's Foreign Ministry made a point to insist that the attack had “been an independent decision” by the group.

Expert opinion varies on just how much influence Iran wields over the Houthis. However, Tehran has been instrumental in arming the Houthis over Yemen's decadelong war in spite of a United Nations arms embargo.

“The Yemeni people, out of their human feelings and religious solidarity with the Palestinians, and also to defend themselves in the face of continuous aggression by America, have taken some measures," Iran's Foreign Ministry spokesman Esmail Baghaei said Monday.

Meanwhile, Iranian Defence Minister Gen. Aziz Nasirzadeh called out comments by his American counterpart who had warned that Iran would “pay the CONSEQUENCE” for arming the Houthis with weapons.

“I advise the American threatening officials, especially the newcomer defence minister of the country, to read the history of Iran in the recent four decades," the general said. "If they read, they will notice that they should not speak to Iran using the language of threats.” Iran has not, however, responded to Israeli airstrikes targeting its air defenses and ballistic missile program in October.

Nuclear deal remains a top Iranian priority But getting to a new nuclear deal with the US, which could see Tehran limit its enrichment and stockpile of uranium in exchange for the lifting of economic sanctions, remains a priority for Iran. Its troubled rial currency, once over 1 million to USD 1, has strengthened dramatically on just the talks alone to 840,000 to USD 1.

The two sides still appear a long way from any deal, however, even as time ticks away. Iranian media broadly described a two-month deadline imposed by President Donald Trump in his initial letter sent to Iran's Supreme Leader Ayatollah Ali Khamenei. Trump said he wrote the letter on March 5, which made it to Iran via an Emirati diplomat on March 12.

Meanwhile, the US campaign on Yemen and Israel's escalation in Gaza continues to squeeze Tehran.

That's on top of American officials including Trump threatening sanctions on anyone who buys Iranian crude oil, as well as following a new, harder line saying Iran shouldn't be able to enrich uranium at all. Israeli Prime Minister Benjamin Netanyahu, who strongly encouraged Trump to unilaterally withdraw American in 2018 from Iran's nuclear deal with world powers, also has been pushing for the same.

Iran likely has been trying to get messages to America despite last weekend's planned talks in Rome being postponed. Iranian Foreign Minister Abbas Araghchi flew to Islamabad to meet his Pakistani counterpart, Ishaq Dar. A readout from Pakistan's Foreign Ministry acknowledged the men discussed the nuclear negotiations.

Araghchi got a colder reception from Kaja Kallas, the foreign policy chief of the European Union. While European nations have had warmer ties to Iran in the past, Tehran's arming of Russia in its war on Ukraine has angered many in the EU.

I called on Iran to stop military support to Russia and raised concerns over detained EU citizens and human rights," Kallas wrote Monday on the social platform X. “EU-Iran ties hinge on progress in all areas.” (AP) GRS GRS

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